Standard Chartered Appoints Steven Cranwell as CEO, Americas as Torry Berntsen Takes Bigger Regional Role

NEW YORK--(BUSINESS WIRE)--Standard Chartered Bank has today announced the appointment of Steven Cranwell as Chief Executive Officer of the Americas region. He replaces Torry Berntsen, who will relocate to London following his recent appointment as Regional CEO, Europe and Americas, and CEO, Europe and UK. Torry’s appointment follows the retirement of Tracy Clarke after her 35-year tenure with the Bank.

Currently Global Head, Commercial Real Estate and Industries, Standard Chartered, Steve will relocate from Singapore to assume his new role effective 1 January 2021. He will be responsible for developing and delivering the Bank's strategy in the Americas and will report to Torry.

Having worked in Hong Kong, Singapore, and Dubai, Steve is well-versed in Standard Chartered’s international markets and brings over 30 years of banking experience that spans coverage, products, CEO, risk, and regulatory affairs. He joined Standard Chartered in 2018 and has previously held senior roles in National Australia Bank and HSBC.

“I would like to thank Tracy for her immeasurable work over the last 35 years and the impactful legacy she leaves behind. I wish her every success for the future,” said Torry.

“Standard Chartered has a unique network and footprint and I look forward to leading the Europe and Americas business as we strive to maintain our momentum and continue to serve our clients and communities.”

“I am also delighted to welcome Steve to the Americas team. He brings with him a depth and breadth of banking expertise spanning over 30 years, most recently leading the Bank’s Commercial Real Estate and Industries team globally. I have every confidence that he will play a key role in continuing the success of our Americas business.”

Commenting on his appointment, Steve said: “I have been working with Torry and members of the Americas team in my current role and have always been impressed by their drive and determination to serve our clients. Having spent time in Asia and the Middle East I am honoured to be taking on this opportunity in the Americas and continuing to develop what is a vital part of the Standard Chartered global client franchise.”

About Standard Chartered

We are a leading international banking group, with a presence in 60 of the world’s most dynamic markets and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.

Our history in the US dates back to 1902, and we are currently present in eight locations throughout the Americas. Our Americas franchise focuses on financial institutions and select corporates and plays a key role in facilitating trade and investment flows between the Americas and Asia, Africa, and the Middle East.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

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